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$1,499,000
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Property Description
1038 E. 53rd Street offers a turnkey owner-user and rental-income opportunity in the heart of the Historic Central Avenue district of South Los Angeles. The property features a vacant 3-bed/1-bath home at the front of the lot, fully renovated in 2025; followed by an attached duplex with two renovated one-bedroom units; and a detached rear duplex completed in the same year. Together, the configuration offers a blend of owner-occupancy potential and stable rental income, with updated systems and modern interior finishes throughout. Ownership renovated the front unit to include wood-vinyl flooring, new shaker-style cabinetry, solid-surface countertops, stainless-steel appliances, updated tilework, recessed lighting, and in-unit laundry hookups. The open layout and bright interior create a practical living environment for an owner-user or strong tenant profile. The home also features new mini-split heating and cooling systems, adding energy-efficient climate control. The (4) 1-bed units located in the attached and detached duplexes were newly constructed in 2025 and offer similar interior features. Each unit includes modern cabinetry, stainless-steel appliances, upgraded bath finishes, and recessed lighting. The location places residents within a historic South LA neighborhood with proximity to Central Avenue's commercial corridors, local schools, neighborhood parks, and transit routes connecting to Downtown, USC, Florence, and surrounding employment hubs. The combination of a move-in-ready front unit, recently built rental units, and a straightforward multi-structure layout provides flexibility for both owner-occupants and investors seeking updated housing inventory with limited near-term maintenance needs. With the front home fully renovated in 2025, and the supporting 1-bdrm. units constructed in 2025, the property effectively lives like new construction. The layout, finishes, and condition create an ideal setup for an owner-user seeking updated housing supported by well-finished rental units in a central South LA location.
Full Property Details
Full Property Details for 1038 E 53rd St
General
- Price: $1,499,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25628207
- Updated: 12/12/2025
- Added to Site: 35 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Card/Code Access
- Other Features: None
Parking
- Garage Description: Uncovered
Location
- Area: Downtown L.A.
- County: Los Angeles
- Cross Streets: S. Central Ave & E. 53rd St.
- Driving Directions: Across the street from Aurora Elementary School and blocks from Dr. Maya Angelou Community High School and LA Academy Middle School.
- Direction Faces: North
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Architectural Style: Bungalow
- Common Walls: Attached
- Stories/Levels: 2
- Square Feet: 3,357
- Sq. Ft. Source: Other
- Year Built: 2025
- Year Built Source: Owner
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size: 4645
- Lot Size Source: Vendor Enhanced
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $446.53
- Assessment Year: 2025
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5103-023-025
Listed by Compass, Max Berger
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Schools
Schools serving 1038 E 53rd St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Aurora Elementary School 1050 East 52nd Place, Los Angeles, CA 90011 | K-5 | 0.1 mi |
Los Angeles Academy Middle 644 56th Street, Los Angeles, CA 90011 | 6-8 | 0.4 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1038 E 53rd St
Date
Details
Price
Change
Source
12/12/2025
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1038 E 53rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,046
211%
$405,755
257%
2023
$1,622
5%
$113,600
2%
2022
$1,552
1%
$111,374
2%
2021
$1,531
-1%
$109,191
1%
2020
$1,542
4%
$108,072
2%
2019
$1,489
6%
$105,954
2%
2018
$1,408
2%
$103,877
2%
2017
$1,376
3%
$101,841
2%
2016
$1,338
1%
$99,845
2%
2015
$1,320
-1%
$98,346
2%
2014
$1,334
—
$96,420
—
2013
$1,334
—
$95,985
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1038 E 53rd St
1038 E 53rd St, Los Angeles, CA 90011 (MLS# 25628207) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 1038 E 53rd St is currently listed for $1,499,000 and was received on December 12, 2025. Want to learn more about 1038 E 53rd St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

